Maruti Suzuki’s net profit up by 8 per cent

Maruti Suzuki India Ltd. declared its Q4FY16 results. The consolidated net income numbers have certainly disappointed. The consolidated net income from operation stands at Rs 15305.7 crores. As compared to the previous quarter the Net Income from Operation has just been up by one percent. EBITDA margin stands at Rs 2350 crore as compared to 2170.1 crores for the previous quarter ended. EBITDA margin has increased by 8 per cent. Consolidated Net Profit has also increased by 11 per cent and the Net Profit stands at Rs 1133.6 crores.

On a YoY basis the Total Income from Operations stand at Rs 58612 crore as compared to 50801.31 for the previous year. Total Income from Operations has been up by 15 per cent. EBITDA margin stands at Rs 9118.8 crore, as against 6843.99 crore for the previous year. EBITDA margin saw an increase of around 33 per cent. Net profit on a YoY basis also saw a double digit growth, wherein Net Profit stands at Rs 4630.9 crore as compared to the 3790.57 crore for the previous year. Net profit has seen an increase of 22 per cent on a YoY basis.

The Q4FY16 consolidated net income from operation has been less, since the production cycle took a longer than usual time to complete. The shares on the bourses were up by 3.94 per cent on account of the positive results and were trading at Rs 3880.20.

Maruti Suzuki India Ltd. is an Indian passenger car company. The company has 15 brands and over 150 variants: Maruti 800, people movers, Omni and Eeco, international brands Alto, Alto-K10, A-star, WagonR, Swift, Ritz and Estilo, off-roader Gypsy, SUV Grand Vitara, sedans SX4, Swift DZire and Kizashi. It has two manufacturing units located in Gurgaon and Manesar. The company is also engaged in pre-owned car sales, fleet management and car financing.